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Pastimes : Business Wire Falls for April Fools Prank, Sues FBNers

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To: Don Pueblo who wrote (2777)5/29/1999 10:24:00 PM
From: Tom C  Read Replies (3) of 3795
 
TLC,

Here is my favorite:

According to the Commission's Complaint, Lazarus R. Long, a/k/a/ Howard Turney, and doing business as New Utopia, used an Internet website called "New Utopia" to entice and solicit investor funds for the development of a supposed new "tax haven" country called "New Utopia." This new country would be located approximately 115 miles west of the Cayman Islands. According to its website, New Utopia is a country that will rise from the Caribbean on giant concrete platforms built on an underwater land mass.


sec.gov

Anybody know which wire was used for this scheme?

Tom


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